Rupee appreciates to 51.97 against dollar

Dubai boom going bust as debt soars.

By: northsunm32

 Dubai is famous for its huge and hugely expensive development projects but the financial crisis put a stop to most of them and now the huge debts amassed are causing the jitters among investors near and far. The jitters were felt on the London Stock Exchange. These excerpts are from Timeslive.     Investors rattled by Dubai debt ...

5 days ago

Forex alerts are a handy way of staying on top of the market

By: nkbaxi

Because currency exchange covers the entire world and all 24 time zones, forex is a 24-hour-a-day market. This is good in that it results in billions upon billions of dollars of transactions per day. But it also means that forex traders have a constant influx of information to keep track of, unlike the stock market, where once ...

about 1 month ago

Beginning in 2010, BNBR Sell 250 Million Dollar U.S. Bond

By: alamatgue

Jakarta, 25 Nov 2009 – PT Bakrie & Brothers Tbk (BNBR) plans to issue global bonds worth 200 million U.S. dollars to 250 million U.S. dollars. Bond period is between three to five years. The bond fund’s results will be used for investment financing needs in the financial sector. Chief Executive Officer BNBR Bobby Gafur Umar ...

7 days ago

Sugar crises worse in provincial metropolis

By: ArifShafi827

The sugar crises worsen in the provincial capital while the price has risen upon to 100 rupees per kilogram (KG) on Tuesday.    The sources said that first of all sugar was not available in the market, while the prices of sugar per kg had become 100 rupees in black market.   The Supreme Court of Pakistan and ...

5 days ago